Cargo Breaking News
DP World has crossed 100 million TEUs of container handling capacity across its global portfolio since its establishment. The accomplishment is a result of more than $11 billion worth of investments in infrastructural developments over the past few years. In the last decade, DP World’s capacity has grown 33%, driven primarily by expansions and new greenfield developments as well as acquisitions. Its global gross container handling capacity rose by 5% in the last 12 months. The expansion cements DP World’s 9.2% share of the global container market, which speaks volumes of company’s commitment to invest in the markets it operates.
“Crossing the 100 million TEU mark is a momentous milestone in our journey, which began 45 years ago. This achievement reflects our commitment to investing in world-class ports and logistics infrastructure to make trade flow. We are confident that the global container market will continue to grow in the years ahead and we will have the capacity to service it,” Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive of DP World, said.
